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Conscience Can't Bear It, Resigned - Bulls Blocked, Shorts Feast! 3.18 BTC & ETH Analysis
Joe Kent, head of the U.S. Counterterrorism Center, announced his resignation effective immediately on Tuesday. He stated he "cannot in good conscience support the ongoing Iran war," citing that Iran poses no direct threat and "it's clear this war was provoked by us under pressure from Israel and its powerful American lobbying group." Yesterday's continued short strategy aligned with expectations. For conservative entry positions, BTC can capture nearly 3,000 points, and ETH can grab several dozen points. I must say, ETH is really holding strong!
After eight consecutive daily gains, BTC closed with a yin candle featuring a long upper shadow. The KDJ three lines on the attached indicators have turned downward from their peaks, and MACD momentum is also contracting. Therefore, intraday rebounds can continue to set shorting traps! Tonight focus on PPI data.
3.18 SHORT STRATEGY
Bitcoin: Rally to 74,500-75,000 for shorts. Conservative entry at 75,500-76,000. Stop loss around 76,500. Target 73,500-73,000, then 72,500-72,000 on breakdown. Move stops to lock profits as needed!
Ethereum: Rally to 2,350-2,380 for shorts. Conservative entry at 2,430-2,450. Stop loss around 2,480. Target 2,300-2,270-2,250, then 2,230-2,200-2,170 on breakdown. Move stops to lock profits as needed!
3.18 LONG STRATEGY
Bitcoin: Pullback to 71,000-71,500 for longs. Stop loss at 70,000. Target 72,500-73,000-73,500, then 74,000-74,500-74,800 on breakout. Move stops to lock profits as needed!
Ethereum: Pullback to 2,100-2,140 for longs. Stop loss around 2,070. Target 2,200-2,230-2,250, then 2,270-2,300-2,350-2,380 on breakout. Move stops to lock profits as needed!
BTC is falling while ETH remains strong — it’s clearly whales with big capital entering to take positions. Once it can’t push higher, capital will naturally flow out. So no panic for now. For those without shorts, keep setting traps on any rebounds! #比特币站上7.5万美元